Lives of Purpose Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Carol Preston

Phone

2523412464

Tax Period

2025-01-01 to 2025-12-31

Lives of Purpose Inc, founded in 2019, is a small nonprofit in the Employment sector that reported $294K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $375K exceeded revenue, resulting in a 28% operating deficit.

Mission

Awaken Coffee is on a mission to employ adults with intellectual and developmental disabilities, promoting their skills, confidence and dignity.

Program Service Accomplishments

Program 1

Expenses: $368,911 Revenue: $302,494

The Organization operated a coffee shop, "Awaken Coffee", which employed special needs individuals as Baristas, Cashiers, Stock Clerks, and other positions where they may realize their full potential.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $94,208

Program Service Revenue $195,386

Investment Income $456

Other Revenue $3,875

TOTAL REVENUE $293,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,249

Fundraising Expenses $71

Program Expenses $368,911

Other Expenses $228,182

TOTAL EXPENSES $375,431

Year-over-Year Comparison

	2025	2024	Change
Revenue	$293,925	$312,371	-0.1%
Expenses	$375,431	$293,764	+0.3%
Net Income	$-81,506	$18,607	-5.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

120

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$1,505

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carol Preston	Exec. Director	20.00	Director	$1,505	$0	$1,505
Patrick DeSutter	President	1.00	Officer Director	$0	$0	$0
Michele Mazey	Secretary	5.00	Officer Director	$0	$0	$0
Alyson Faulconer	Treasurer	0.75	Officer Director	$0	$0	$0
Ashley Rudoph	Director	2.50	Director	$0	$0	$0
Lyndsey Joyner	Director	2.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$293,925	$375,431	$350,538	$-81,506
2024	$312,371	$293,764	$418,960	$18,607
2023	$249,925	$266,595	$388,914	$-16,670
2022	$123,482	$70,183	$395,281	$53,299
2021	$274,060	$20,689	$290,852	$253,371